Brownstone Foundation
- Assets
- $913.1k
- Revenue
- $17.4k
- Investments
- $821.7k
- Employees
- 0
- Location
- Loveland, CO
- Founding
- 01/2001
- Data as of
- 12/2023
- EIN
- 77-0535253
Organization Overview
Brownstone Foundation is located in Loveland, CO. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brownstone Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Brownstone Foundation generated $17.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $49.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Brownstone Foundation has awarded 38 individual grants totaling $411,040. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION GIVES DONATIONS TO 501-C-3 CHARITIABLE ENTITIES BASED ON THE BOARDS DECISION REGARDING SUPPORT GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Whiting CEO | 0 | $0 | |
Randall Whiting CFO | 0 | $0 | |
Patrice Williams Secretary | 0 | $0 | |
Dr James Guetzkow Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $173 |
| Dividends & Interest | $21,958 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,711 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,420 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42 |
| Total operating and administrative expenses | $9,768 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $49,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,653 |
| Savings and temporary cash investments | $77,735 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $821,746 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $913,135 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Brownstone Foundation has awarded $40,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER COMMONS PURPOSE: PROVIDE SUPPORT FOR PATIENTS, PHYSICIANS, AND SCIENTISTS FROM VARIOUS DISCIPLINES WITH THE GOAL OF ENABLING THE WHOLE CANCER COMMUNITY TO LEARN THE BEST WAYS TO TREAT PATIENTS. | $25,000 |
ADAPTIVE ADVENTURES PURPOSE: GENERAL SUPPORT | $5,000 |
WORLD CENTRAL KITCHEN INCORPORATED PURPOSE: USING THE POWER OF FOOD TO EMPOWER COMMUNITIES AND STRENGTHEN ECONOMIES. | $10,000 |